Our monthly IT Monitor brings you the most up-to-date and comprehensive salary information from across the IT industry, complete with the month’s vacancy trends and analysis.
After a slow start to the year, the IT industry looks to be on the rise. February charted a positive course for IT professionals, as vacancies and salaries rose across all sectors — particularly in areas that previously relaxed their hiring of permanent workers; most notably retail and the public sector.
Permanent vacancies remain steady as Q1 progresses
|Number of vacancies across all sectors
Overall, advertised permanent vacancies increased marginally this month, with a rise of 0.16% on this time last year. Whilst minimal, this increase — and perhaps more notably the absence of any decrease — signals confidence in the hiring of permanent staff, and a greater commitment to the implementation of future IT strategy. Encouragingly, this increase in demand for permanent IT professionals means that we can expect many new projects over the coming months.
Monthly salary trends
Permanent salaries rose by 0.07% in February — continuing the recent trend of slight monthly increases. Contract salaries also continued to increase this month, with a 0.68% rise.
|% change to salary and contract rates
||+ 0.68 %
||+ 4.07 %
Whilst the beginning of 2012 has been without the significant salary increases felt at the start of 2011, we continue to see demand for contractors, along with an increase in pay for interim and project IT staff and management.
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